Ill-posedness and well-posedness

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Why is the backwards heat equation an ill-posed problem? $$\frac{∂u}{∂t}=-k\frac{∂^2u}{∂x^2}$$. And what makes this heat conduction equation $$\frac{∂u}{∂t}=k\frac{∂^2u}{∂x^2}$$ well-posed?